Marathon Oil
MRO
#1045
Rank
$16.48 B
Marketcap
$26.03
Share price
-0.61%
Change (1 day)
24.90%
Change (1 year)

P/E ratio for Marathon Oil (MRO)

P/E ratio as of February 2023 (TTM): 4.87

According to Marathon Oil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.8669. At the end of 2021 the company had a P/E ratio of 13.1.

P/E ratio history for Marathon Oil from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202113.1-461.92%
2020-3.63-115.86%
201922.915413.85%
20180.1475-105.87%
2017-2.51-62.15%
2016-6.6472.01%
2015-3.86-161.02%
20146.33-55.54%
201314.2-25.26%
201219.0170%
20117.05

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-10.4-313.35%๐Ÿ‡ฌ๐Ÿ‡ง UK
7.77 59.65%๐Ÿ‡บ๐Ÿ‡ธ USA
4.78-1.87%๐Ÿ‡บ๐Ÿ‡ธ USA
9.14 87.86%๐Ÿ‡บ๐Ÿ‡ธ USA
9.62 97.62%๐Ÿ‡บ๐Ÿ‡ธ USA
6.39 31.35%๐Ÿ‡บ๐Ÿ‡ธ USA
23.0 372.28%๐Ÿ‡บ๐Ÿ‡ธ USA
6.96 42.99%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.